Cybercriminals Expand Use of Lookalike Domains in Email Attacks

Summary: A recent report by BlueVoyant reveals that cybercriminals are increasingly using lookalike domains for targeted email scams, making detection difficult. These attacks affect various sectors, employing tactics such as impersonation and phishing to deceive victims into providing sensitive information. The report emphasizes the importance of monitoring and educating clients to mitigate these risks.

Affected: Organizations across finance, legal services, insurance, construction

Keypoints :

• Lookalike domains closely mimic legitimate brands using subtle alterations, making them challenging to detect.
• Common scams include invoice fraud, executive impersonation, account takeover, recruitment scams, and phishing attacks.
• Organizations must enhance monitoring capabilities, educate clients, and maintain communication channels for reporting suspicious activities.